Multi-Family Space For Lease @ 100 Garson Ln

SVN | Holman Norden is pleased to present a 100% fee simple interest in a 45-unit duplex/quadplex community located at 100-227 Garson Lane, Farmington, MO 63640. The subject property is located only 0.5 miles from Mineral Area College which has an enrollment just under 4,000 students. The buildings were constructed in 2016-2017, all located on the same parcel. The duplex properties contain units of 3 Bedrooms, 2 Bathrooms, and 1-car garages. The quadplex properties contain units of 2 Bedrooms, 2 Bathrooms, and 1-car garages. There is one single-family home included in the package. Additionally, there are storage units available for tenants to rent providing additional income. Also included with the offering is an additional 4.25 AC adjacent to the subject property, perfect for further development. There is a high need and demand for student housing in the area. There is an assumable Fannie Mae Loan on the property at 3.6%. This space offers accomodations for: lowrisegarden.